Henry Ren and Reade Pickert

Government, Business

US Recovery More Tenuous as Jobless Claims Rise, Incomes Fall

People dine at a restaurant in San Diego, Calif. (Bing Guan/Bloomberg News) People dine at a restaurant in San Diego, Calif. (Bing Guan/Bloomberg News)

Applications for U.S. state unemployment benefits unexpectedly posted the first back-to-back weekly increase since July, while Americans’ incomes and savings fell last month.

Henry Ren and Reade Pickert | Bloomberg News
November 25, 2020